India’s central bank said its recent derivative restrictions will only apply to deals for hedging forex risk and not for market-making, providing a clarification after sharp swings in currency forward markets.
Macro Bloomberg Oct 15, 2026
India’s RBI Clarifies Scope of Forex Curbs After Market Swings
India’s central bank said its recent derivative restrictions will only apply to deals for hedging forex risk and not for market-making, providing a clarification after sharp swings in currency forward markets.
